USD/CAD | Page 525 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/CAD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

Milking 4 pairs AUD/NZD, EUR/GBP,NZD/CAD & AUD/CAD for a living 38 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

USD/JPY - USD/CAD any thoughts? 4 replies

CAD export / USD/CAD price 3 replies

Attachments: USD/CAD
Exit Attachments

USD/CAD

  • #10,481
  • Aug 13, 2016 2:38am Aug 13, 2016 2:38am
Quoting Expo33
{quote} Either way, I am doing what all good traders do. Keep adding to an over leveraged losing revenge trade, then put some lipstick on that pig it and marry it. Then delude yourself by rationalizing 24/7 so you can convince yourself that your beloved pig will become a beautiful princess. Cheers all , have a good weekend
Priceless!
Gone to a better place
  • #10,482
  • Aug 13, 2016 7:09am Aug 13, 2016 7:09am
i left my long positions opened

and the good news is baker hughes has increased Rig Count , i think this means good
  • #10,483
  • Aug 13, 2016 7:47am Aug 13, 2016 7:47am
The bear will jump into on any occasion. There are lots of buy orders @ 1.29. But once that is taken out, Big Bear is in charge.

OTH, if buyers push it up to 1.30 and can defend. The Bull comes into play.

It can be very interesting.
  • #10,484
  • Aug 13, 2016 7:50am Aug 13, 2016 7:50am
We could see 400 pips swing down from here to 125.
  • #10,485
  • Aug 14, 2016 3:33am Aug 14, 2016 3:33am
Quoting Expo33
{quote} Either way, I am doing what all good traders do. Keep adding to an over leveraged losing revenge trade, then put some lipstick on that pig it and marry it. Then delude yourself by rationalizing 24/7 so you can convince yourself that your beloved pig will become a beautiful princess. Cheers all , have a good weekend
You captured the essence of retail trading right there, sig material.
Never. Give. Up.
  • #10,486
  • Edited 7:22pm Aug 14, 2016 4:24pm | Edited 7:22pm
Divergence can be a fickle whore, but eventually she will get paid. Going to be an interesting week.

I imagine a lot of retail stops were collected below 130. Have the bulls been beaten into submission? A break of support back down towards 1.28 or a fight back to 1.3040 area? IMHO, 129.50 is well supported. Big gains in oil last week and lots of bad US data and yet the bears failed to break support. Soldiers fix your bayonets, give us the MP or give us death. Anyone waving the white flag before 1.289 will be hung for treason. Now march forward soldiers!

Note: The last time UCAD had 6 daily candles in a row close lower was February of 2014

Green pips to all
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD 4H.png Size: 80 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #10,487
  • Aug 15, 2016 6:16am Aug 15, 2016 6:16am
gravestone dogi on crude
Attached Image (click to enlarge)
Click to Enlarge Name: gsdoji.png Size: 45 KB
Drawdown is more important than Account Size !
  • #10,488
  • Aug 15, 2016 9:01am Aug 15, 2016 9:01am
lets see if oil rebounds from here. if it does, usdcad should begin to rally
Attached Image (click to enlarge)
Click to Enlarge Name: #US_Oil_U6Daily.png Size: 49 KB
  • #10,489
  • Aug 15, 2016 10:16am Aug 15, 2016 10:16am
USD/CAD could rebound from 1.2900, but if it breaks below that level it I think it will continue dropping towards 1.2800, maybe even 1.2700. If it does break below 1.2900 I will open new short positions.
  • #10,490
  • Aug 15, 2016 5:16pm Aug 15, 2016 5:16pm
usdcad not looking good
Drawdown is more important than Account Size !
  • #10,491
  • Aug 15, 2016 10:18pm Aug 15, 2016 10:18pm
Quoting procrude
usdcad not looking good
what does that even mean? Up or down, it can be good either way as a trader.
  • #10,492
  • Aug 15, 2016 10:58pm Aug 15, 2016 10:58pm
Is this the pullback into support before buyers step in again to resume the higher time frame bullish trend?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 160816_usdcad_daily.png Size: 36 KB
Click to Enlarge Name: 160816_usdcad_30min.png Size: 22 KB
Australian Forex Broker - Try a Vantage FX RAW ECN Account Today.
  • #10,493
  • Aug 16, 2016 4:57am Aug 16, 2016 4:57am
The pair is very bearish and I think it will reach 1.2800 soon. If it breaks out below that level it will continue dropping towards 1.2750 - 1.2740.
  • #10,494
  • Aug 16, 2016 5:38am Aug 16, 2016 5:38am
Attached Image (click to enlarge)
Click to Enlarge Name: bounce.png Size: 882 KB
Attached Image (click to enlarge)
Click to Enlarge Name: try.png Size: 26 KB
  • #10,495
  • Aug 16, 2016 5:59am Aug 16, 2016 5:59am
Quoting Squiggles
{image}{image}
or now if your feeling brave
Attached Image (click to enlarge)
Click to Enlarge Name: lucky.png Size: 26 KB
  • #10,496
  • Aug 16, 2016 6:18am Aug 16, 2016 6:18am
Quoting Squiggles
{quote} or now if your feeling brave{image}
is he out of ammo
Attached Image
  • #10,497
  • Aug 16, 2016 8:07am Aug 16, 2016 8:07am
i hope this little upward movement on usdcad keeps going upward
Drawdown is more important than Account Size !
  • #10,498
  • Aug 16, 2016 8:39am Aug 16, 2016 8:39am
Quoting Squiggles
{quote} is he out of ammo {image}
and the bear bounce
Attached Image (click to enlarge)
Click to Enlarge Name: olol.png Size: 25 KB
  • #10,499
  • Aug 16, 2016 9:05am Aug 16, 2016 9:05am
Quoting procrude
i hope this little upward movement on usdcad keeps going upward
Hope's a fine thing so long as you don't believe in it.
  • #10,500
  • Aug 16, 2016 10:58pm Aug 16, 2016 10:58pm
oil is looking a little weak to me right now. UC is also at weekly s2 pivot and may find some support down here around 1.2850. maybe we'll see a little pullback to around the 1.30 area
Attached Image (click to enlarge)
Click to Enlarge Name: oil.png Size: 56 KB
6 traders viewing now